Social capital, the social economy and community development

2005 ◽  
Vol 41 (2) ◽  
pp. 160-173 ◽  
Author(s):  
Alan Kay
Author(s):  
Raluca Badea

Abstract In an environment where the shift from knowledge to social economy forces the company to identify a new sustainable approach to attire, motivate and retain employees, partners and shareholders, social capital and its elements seem to be the key. The focus of the article is to prove the contribution that trust, in its entirety, as primary component of the social capital, has on the organizational performance of the company. The centric piece of the paper is based on a quantitative research conducted in a medium size IT company and it is designed to support the hypotheses per which a high level of trust will positively influence the overall business results. Regardless if it’s societal trust, market trust, relationship trust or selftrust, the respondents are requested to assess its multiple dimensions as these are translated into the company’s principles and values, the leaders’ strategy to improve the life of the shareholders, the company’s brands and their impact on the consumers, the relationship between individual and his/her peers and managers, as well as the individual’s aspirational behavior to be a trusted colleague/employee. Analyzing the results of the questionnaire, trust as core element of the social capital appears to be a main factor that drives the competitive advantage, designed to boost the employees’ energy, increase the sustainability for the company, irreversibly gain the confidence of stakeholders and eventually act a catalyst for the individual and organizational performance. The in-progress results of this paper represent significant key findings that trigger a more advance research, at a larger scale, by evaluating other companies, with similar employees’ profile to confirm the magnitude of this influence and convince the business leaders to continue supporting the creation and leverage of social capital in general and strive to generate, build and maintain trust as a must have asset.


2016 ◽  
Vol 1 (2) ◽  
pp. 01
Author(s):  
Jhonny Villafuerte ◽  
Eder Intriago

<p>The worldwide oil prices reduction from USD 109,45 in 2012 to USD 26,5 in 2016 (OPEC, 2016) threatens economic crisis in those countries, whose economies are still directly dependent on the exploitation and exportation of oil, as is the case of Ecuador in South America. This paper aims to describe the public politics set as contingency measures in the social economy sector, taken to adjust to the economic impact that can be foreseen. In this document, we refer to the 2013-2017’s objectives of the Ecuadorian development national plan: 8, 9, 10 and 11th, and present an analysis of interviews applied to entrepreneurs and community association leaders, in connection with the national productive matrix change implications. This study describes also, the productive settings that urban entrepreneurs and farmers' associations implement in 2 geographical zones (Manabí and Esmeraldas) on the Ecuadorian coast, which has agricultural, tourist and fishing potentialities.</p><p>The results of this work, ratify that "productive associations" set of strategies for the social capital development in an organized group (Moran, 2010) and the theories of economy development of Basu, (2000) and Moon, (2014). We also consider that the productive matrix change process in Ecuador requests of urgently relevant adjustment in the producers’ profiles such as: the strengthening of ICT usage, and the addition of the sustainability vision in their new productive projects.</p><h2><br /><br /></h2>


Author(s):  
Kane Xavier Faucher

The purpose of this article will be in reading acts of prosumer behaviour in social networking environments through a Veblenian lens, supported in part by the post-Marxist insights of Guy Debord, especially with respect to the issue of celebrity emulation, conspicuous leisure as constructed by the labour of profile management and promiscuous online interactivity, and acts of status enhancement or aggrandizement. Such a discussion must be set in the current context of the normative frame of neoliberal ideology which champions the values of the entrepreneurial self, devolved competitiveness as a form of - in this case social rather than strictly economic - neo-Darwinism, and the touted virtues of speed and connectivity. Ultimately, it is our hope to link these conspicuous online practices to the ideological framework to demonstrate how prosumption plays an integral role in the quantification of the social economy as expressed as “social capital.” In order to achieve these objectives, strict and operational definitions of prosumption, conspicuity in the Veblenian literature, and neoliberalism will be required. The line between social and economic capital is not a definitive one, and that the behaviours and motives associated with increasing social capital may be weighted more to the individual and influenced by neoliberal values that recode the social as derivative of the economic.


2007 ◽  
Vol 14 (1) ◽  
pp. 55-74 ◽  
Author(s):  
Mel Evans ◽  
Stephen Syrett

In seeking to understand and promote long-term and inclusive models of local economic development the notion of social capital appears potentially important. In the development of the social economy, an aspect of the local economy which has attracted an increased theoretical and policy focus in recent years, the relationship with social capital appears particularly significant.Yet despite the apparent salience of notions of social capital, there remains a lack of understanding of the nature and extent of existing social capital resources and the precise manner in which these are drawn upon in the development of the social economy to generate further social capital within the local development process. In part this is a result of the conceptual confusion surrounding the notion of social capital, but it also reflects a lack of empirical research. This article explores the notion of social capital and the manner in which it is produced, reproduced and used locally within the social economy as part of the local economic development process. Findings are presented from a transnational European research project which examined the development of social enterprises and the social economy within different localities in order to seek to better understand their interrelationships with the local production and use of social capital.These findings emphasize the importance of contextualization in the study of local social capital and the importance of interpretative approaches for area-based policy development.


2021 ◽  
Vol 6 (1) ◽  
pp. 73-94
Author(s):  
W. A. Amir Zal

Background and Purpose: Disturbances that hinder community development affect social capital. I refer to such disturbances as social cancer. This article aims at explaining the existence of social cancers, their typologies, and implications for Sea Indigenous People’s community development through economic activities.   Methodology: This exploratory case study involved 12 Sea Indigenous People in Johor, Malaysia. Data obtained through interviews were analysed using a thematic approach.   Findings: The findings revealed four types of social cancer in the community’s economic activities: 1) jealousy, 2) prejudice, 3) slander, and 4) defamation. Those social cancers had direct impacts on community development, specifically forming sabotage actions, negligence in using community capital, reducing community cohesiveness, causing a decline in the production of social innovation, and the existence of a hanging community and the death of the community.   Contributions: This study calls for a self-realisation mechanism to be introduced to community members so that their capacity for social capital can be developed to overcome the social cancer. Keywords: Community development, self-realisation mechanism, social cancer, social capital.   Cite as: Amir Zal, W. A. (2021). The presence and insinuation of social cancer among sea indigenous people in Malaysia.  Journal of Nusantara Studies, 6(1), 73-94. http://dx.doi.org/10.24200/jonus.vol6iss1pp73-94


Author(s):  
Kane Xavier Faucher

The purpose of this article will be in reading acts of prosumer behaviour in social networking environments through a Veblenian lens, supported in part by the post-Marxist insights of Guy Debord, especially with respect to the issue of celebrity emulation, conspicuous leisure as constructed by the labour of profile management and promiscuous online interactivity, and acts of status enhancement or aggrandizement. Such a discussion must be set in the current context of the normative frame of neoliberal ideology which champions the values of the entrepreneurial self, devolved competitiveness as a form of - in this case social rather than strictly economic - neo-Darwinism, and the touted virtues of speed and connectivity. Ultimately, it is our hope to link these conspicuous online practices to the ideological framework to demonstrate how prosumption plays an integral role in the quantification of the social economy as expressed as “social capital.” In order to achieve these objectives, strict and operational definitions of prosumption, conspicuity in the Veblenian literature, and neoliberalism will be required. The line between social and economic capital is not a definitive one, and that the behaviours and motives associated with increasing social capital may be weighted more to the individual and influenced by neoliberal values that recode the social as derivative of the economic.


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